At 12:30 PT today I’ll be joined by Jonathan Hoenig, a successful hedge fund manager at Capitalistpig and financial analyst for Fox News. We’ll discuss his new documentary, “Pit Trading 101,” which shows what aspiring traders had to learn and do in order to become successful in the days before point-and-click.

The rest of the show will be the usual discussion of an assortment of news stories of the week. See Program Notes, below, for links to the stories we plan to discuss.